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Pairing Off |
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Pairing Off The practice of two brokerage firms buying/selling securities to each other without delivering the physical securities. Regulations require the delivery to occur within three days of the trade date. Pairing off indicates that the two brokerages are trading non-existent securities in order to create the impression of increased or decreased demand and thereby manipulate the price. Pairing off is illegal. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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